Suncor Energy Inc (SU-T)

He likes the big integrated names, but doesn't own any oil producers now. His team deemed that group as having first-derivative vulnerability to tariffs on volumes and profitability. Premium brand in the space. He's waiting out some of the volatility on the price of oil before getting back in. Nice dividend.

He sold off a bunch of energy names, but retained this one. Concerns about global recession is hitting energy names. He's in the camp of too early to think about a recession, and tariffs will look very different 6-12 months from now. If we see there's no recession, things can turn around quickly.

200-day and 200-week MAs still moving higher, a good sign. Right at 200-week MA today, and that can be massive long-term support for most stocks. If you own, don't sell. If wanting to buy, this might be your chance to look at it. Yield is 5%.

Pretty deep support around $47, right where it is now. Recent chart shows how it went nowhere for a while, so the break is significant. Energy's been hit dramatically.

Has done a great job of taking market focus off of Base Plant mine depletion down the road. It trades at a slight premium to Cenovus, which SU could buy, but he hopes not.

Was the ugly stepchild but improved operations dramatically, and that's why it's outperformed CNQ.

Cheap 12x PE. Decent yield of 4%. Likes its vertical integration (exploration, production, retail). Options: sell April $56 for $1.70

Company has recently turned around with new management. Strong capital discipline. Very strong dividend. Excellent assets with very long reserve life of oil assets. Share prices are still cheap - would be a good long term hold. 

Likes energy. A name he likes based on the sideways trading chart.

They had lots of debt and operational problems, so were in the penalty box. But this integrated has huge long-life reserves. Cash flow is up and pays over 4% dividend and boasts a 100% shareholder return. Excellent balance sheet. Energy is in seasonal strength now.

It is one of the big companies which he owns along with CNQ. It has done a lot with costs and will do well if energy does well.

Surprised it didn't perform better after a sterling quarter. Could be a prime beneficiary if (emphasis here) Trump can revitalize Keystone.

He doesn't generally participate in the E&P space, as it's hard to make decisions based on the underlying commodity price. Bigger picture, still huge demand for Canadian oil and gas on world markets. EVs won't take over anytime soon.

SU had been an underperformer and a laggard. Management changes have resulted in turning things around and improving operations. So now, he'd prefer this to CNQ.

The ZEO ETF recently broke out to new highs. In the group, he likes CNQ, IMO and SU.